On the trade-offs of Proof-of-Work algorithms in blockchains

被引：4

作者：

Chin, Zi Hau ^{[1
]}

Yap, Timothy Tzen Vun ^{[1
]}

Tan, Ian K. T. ^{[1
]}

机构：

[1] Multimedia Univ, Persiaran Multimedia, Cyberjaya 63100, Malaysia

来源：

COMPUTATIONAL SCIENCE AND TECHNOLOGY (ICCST 2019) | 2020年 / 603卷

关键词：

Proof-of-Work; Blockchain; Bitcoin; Difficulty;

D O I：

10.1007/978-981-15-0058-9_55

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

There are many different protocols that regulate the way in which each node on a blockchain network is able to reach consensus that a newly created block is valid. One of the protocols, Proof-of-Work (PoW) gained popularity when it was implemented in a blockchain-based cryptocurrency known as Bitcoin. However, there are inherent deficiencies in its current implementation. This paper discusses these deficiencies, as well as the parameters that directly and indirectly affect its efficacy and performance so that possible enhancements to the protocol can be investigated.

引用

页码：575 / 584

页数：10

共 50 条

[31] Synchronization Trade-offs in GPU implementations of Graph Algorithms
Kaleem, Rashid
Venkat, Anand
Pai, Sreepathi
Hall, Mary
Pingali, Keshav
2016 IEEE 30TH INTERNATIONAL PARALLEL AND DISTRIBUTED PROCESSING SYMPOSIUM (IPDPS 2016), 2016, : 514 - 523
[32] Materialization trade-offs in hierarchical shortest path algorithms
Shekhar, S
Fetterer, A
Goyal, B
ADVANCES IN SPATIAL DATABASES, 1997, 1262 : 94 - 111
[33] Computation and performance trade-offs in motion estimation algorithms
Namuduri, KR
Ji, AY
INTERNATIONAL CONFERENCE ON INFORMATION TECHNOLOGY: CODING AND COMPUTING, PROCEEDINGS, 2001, : 263 - 267
[34] Algorithms and trade-offs in multicast service overlay design
Lao, Li
Cui, Jun-Hong
Gerla, Mario
SIMULATION-TRANSACTIONS OF THE SOCIETY FOR MODELING AND SIMULATION INTERNATIONAL, 2006, 82 (06): : 369 - 381
[35] Debate: Public value trade-offs and methodological trade-offs
Bozeman, Barry
PUBLIC MONEY & MANAGEMENT, 2008, 28 (03) : 135 - 136
[36] Maximizing proof-of-work decentralization
Culha, Davut
INGENIERIA SOLIDARIA, 2024, 20 (01): : 22 - 22
[37] PREFERENCES AND TRADE-OFFS IN THE HOURS OF WORK FOR CORRECTIONAL OFFICERS
GRANT, BA
CANADIAN PSYCHOLOGY-PSYCHOLOGIE CANADIENNE, 1995, 36 (2A): : 4 - 4
[38] Religious influences on work-family trade-offs
Ammons, Samantha K.
Edgell, Penny
JOURNAL OF FAMILY ISSUES, 2007, 28 (06) : 794 - 826
[39] TRADE-OFFS - WHAT TRADE-OFFS - COMPETENCE AND COMPETITIVENESS IN MANUFACTURING STRATEGY
CORBETT, C
VANWASSENHOVE, L
CALIFORNIA MANAGEMENT REVIEW, 1993, 35 (04) : 107 - 122
[40] Better Incentives for Proof-of-Work
Sliwinski, Jakub
Wattenhofer, Roger
STABILIZATION, SAFETY, AND SECURITY OF DISTRIBUTED SYSTEMS (SSS 2022), 2022, 13751 : 314 - 328

← 1 2 3 4 5 →